MU Trade on Aug 17, 2018 14:11 from MichaelBLe: Tradervue User Stock Trades.

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Shared by
MichaelBLe

 

Shares traded: 300
Closed Gross P&L: $354.00

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Great looking daily chart, closed on a green bullish hammer with a tiny bit of a top tick. Hourly showed a bullish divergence and looked very similar to BIDU. Bull flag hourly with a low vol pullback, I bought on the break back above 47.04 and 47.10 was the crucial area to break again if we were to make a new HOD. Stop is the break down of $46.

Intraday 5/30m:

https://ibb.co/c9exQz

https://ibb.co/mVOfdK

Hourly:

https://ibb.co/cByrkz

Weekly/Daily:

https://ibb.co/nzwcQz

EXIT:
Morning gap up. SPY was also gapping up and gaining momentum. I wanted to take profits premarket in the 48.80s but quickly realized my fear of losing gains were creeping up. So I stuck to my trading plan. As the trade was nearing 50, I moved my stop up to secure more gains. Before the 49.40, I had a stop loss at 49.18. In hindsight it would have worked and my price target would had hit, but I took the safer route and secured a very nice gain. VERY nice trade, well executed.

Intraday/Daily:

https://ibb.co/bxZD7e

Hourly:

https://ibb.co/cHk9fz


Execution detail:

Date/time Symbol Qty Price Position
2018-08-17 14:11:30 MU 150 $47.040 150
2018-08-21 11:15:09 MU -150 $49.400 0


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